Microsoft to Acquire Activision Blizzard
On January 18, 2022, Microsoft announced its agreement to acquire Activision Blizzard in a deal valued at $68.7 billion, which if completed, will be the largest acquisition in the history of the video game industry. The acquisition aims to bolster Microsoft's gaming presence with popular franchises like Call of Duty, World of Warcraft, and Candy Crush, and to strengthen its position in the growing markets of cloud gaming and metaverse applications.